The report, which was published in the medical journal Heart, also notes that the more you eat, the greater your risk, with each additional weekly serving of a half-cup of fried food increasing that risk by 3 percent..You would be FAR better off waiting until after you turn 66 to start benefits at your full retirement age. After reaching full retirement age, you can receive benefits and earn as much as you want with no reduction to your benefits..Third, three new cosponsors Representative John Garamendi, Representative Jim McGovern, and Representative Judy Chu signed on as cosponsors to the bipartisan Nursing Home CARE Act, bringing the total up to twenty-two. If adopted, the bill would protect Medicare and Medicaid beneficiaries by more quickly codifying emergency preparedness rules for nursing home facilities that receive funding from the federal government..According to a recent story by Judith Graham, a journalist for Kaiser Health News, abrupt terminations of home health therapy services are hitting families across the nation. The terminations are in response to a January 1, 2020 change in how Medicare pays for home health services. Some home health agencies are suggesting that Medicare no longer covers certain home health services. But please note: That is NOT the case..In their 2016 platform, Democrats committed to adopting a more fair and accurate Social Security cost-of-living adjustment, saying, "The Democratic Party recognizes that the way Social Security COLAs are calculated may not always reflect the spending patterns of seniors, particularly the disproportionate amount they spend on healthcare expenses." To cover the cost of providing a more accurate COLA and to increase the solvency of the trust funds, Democrats voted to support policies that would apply the payroll tax cap to income above 0,000 so that wealthier individuals pay the same Social Security tax rate as everyone else..The idea is to cut government spending on Medicare by limiting the annual growth of the Medicare voucher to the growth of the gross domestic product plus one percentage point. However, for the last 40 years national healthcare spending has exceeded the growth of the gross domestic product by more than two percentage points, and TSCL is highly concerned that the vouchers would rapidly become increasingly inadequate to purchase sufficient coverage or that seniors would face significantly higher premiums. In addition, the CBO recently wrote that the average age and cost of enrollees remaining in the current system would increase over time, and TSCL believes that would lead to far higher premiums for older beneficiaries as well..As negotiations continue over the coming days, TSCL will continue to monitor them closely and encourage lawmakers to avoid another shutdown on December 11th, since it would likely have a negative impact on Social Security and Medicare benefits. For updates, visit the Legislative News section of our website..State and local property taxes up to ,000..Intergenerational programs

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What financial actions have you been forced to take over the past 12 months? Please take TSCL's new Retirement Survey and let us know!.If adopted, H.R. 860 would strengthen and reform the Social Security program by providing beneficiaries with a 2 percent benefit boost, basing cost-of-living adjustments on the CPI-E, creating a new minimum benefit set at 125 percent of the poverty line, and cutting taxes for beneficiaries. It would also apply the payroll tax to income over 0,000 and gradually increase the payroll tax rate to 7.4 percent..This week, one new cosponsor Rep. Timothy Bishop signed on to Rep. Peter DeFazio's Consumer Price Index for Elderly Consumers Act. The cosponsor total for the bill is now up to thirty. … Continued

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Note any other relevant information and then hang up..Although Social Security recipients didn't receive an annual cost of living adjustment this year, many are reporting that their costs are rising, and household budgets are getting squeezed, says The Senior Citizens League. Donna C. of New York, recently wrote to TSCL saying, "No inflation? Are you serious? What about the price of electricity, food, drugs, local taxes? All, going up. We can barely survive now, and you say there's no inflation? Who figures this stuff out and who decides?" she asks..With just days remaining before the looming deadline, TSCL will be keeping a close eye on the evolving omnibus bill. If lawmakers fail to reach an agreement in time, the federal government would once again shut down, and Social Security beneficiaries could see delays in their monthly checks. In addition, reimbursements for doctors who treat Medicare patients could be interrupted. For updates on the progress of the omnibus over the next few days, visit our page on Facebook, or our new account on Twitter. … Continued

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